Digital Sandbox KC nabs $950K to continue regional startup impact

July 10, 2018  |  Bobby Burch

Jeff Schackelford

Already with a lasting legacy of growing the area entrepreneurial ecosystem, Digital Sandbox KC has received significant support that should fuel its program for years to come.

The proof-of-concept incubator was recently awarded a combined $950,000 — $450,000 from the Ewing Marion Kauffman Foundation and $500,000 from the Missouri Technology Corporation.

The two grants will help the organization’s efforts to award funding to promising startups in the Kansas City area, said Jeff Shackelford, director of Digital Sandbox KC.

“We’ve found that the Sandbox fills a critical gap for early-stage companies in Kansas City,” Shackelford said. “Support from the Kauffman Foundation, MTC and the surrounding communities allows us to continue to significantly increase the volume of high-growth potential startups, who in turn create more new jobs in the region.”

Launched in 2013, Digital Sandbox offers up to $20,000 in grants to startups with a focus of bringing a product from idea to commercialization. The organization has worked with more than 500 entrepreneurs and early-stage companies across the Kansas City metro.

Digital Sandbox has helped to make a significant economic impact in Kansas City via its support of dozens of startups. Since its launch about five years ago, Digital Sandbox has issued $1.9 million in project funding to 100 early-state firms that have created 585 new jobs with more than $14 million in payroll, according to the organization. The startups also have gone on to raise more than $50 million in follow-on funding.

“Our success is a direct result of the quality and quantity of entrepreneurs in Kansas City,” said Shackelford. “By capping the Sandbox project size at $20,000 we can support even more early-stage ideas and keep the program’s momentum growing.”

The incubator’s impact has been vital to spur growth in Kansas City, said Erin Jenkins, program officer at the Kauffman Foundation.

“Digital Sandbox KC plays a pivotal role in the Kansas City entrepreneurial ecosystem,” Jenkins said. “Working together creates an excellent opportunity to reduce barriers for early-stage companies.”

Since 2016, Digital Sandbox has established partnerships with GXP Investments, the City of Independence, St. Joseph, Missouri and Olathe, Kansas, to launch proof-of-concept incubator programs.

Click here to learn more about the program.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

2018 Startups to Watch

    stats here

    Related Posts on Startland News

    Watch Now: Nothing to Fear a virtual Innovation Exchange conversation

    By Tommy Felts | July 15, 2021

    Innovation Exchange is produced by Startland, the parent organization of Startland News. Morgan Stanley is the event’s presenting sponsor and C2FO is a financial supporter of Startland News.

    David Biga, Particle Space

    Proptech startup closes $636K pre-seed round, building on real estate product collabs

    By Tommy Felts | July 13, 2021

    More than a half-million dollars in pre-seed funding has a Kansas City-built proptech startup movin’ on up, bringing it a few floors closer to realizing its goal of becoming Stripe for the real estate industry.  “It feels so unreal,” David Biga, founder and CEO, told Startland News Monday in announcement of the startup’s newly-closed $636,000…

    Howard Schultz, Carla Harris, and Sandy Kemper

    Former Starbucks CEO, C2FO’s Sandy Kemper join Morgan Stanley exec for ‘Nothing to Fear’ DEI conversation

    By Tommy Felts | July 13, 2021

    Top business leaders are now embracing diversity and inclusion, Carla Harris said, but even their most sincere initiatives must survive the fear that comes with changing trends and an inevitable economic downturn. “Fear has no place in your success equation,” said Harris, a 33-year Wall Street veteran and Morgan Stanley executive who headlines Thursday’s Innovation…

    Just funded: Meet the six young startups joining Digital Sandbox KC’s summer slate 

    By Tommy Felts | July 12, 2021

    A round of funding from Digital Sandbox KC comes at a critical time for Bryght Labs — and five other early stage companies — as the AI-enabled gaming startup advances hardware development for its wildly popular, high-tech chess board, said Elliot Wilder. “Hardware is hard enough — but 2021 has added some unique challenges,” said Wilder,…